Many institutions look ahead to the Fed's interest rate decision, and "no action" is almost certain

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According to ChainCatcher news, based on the summary by JinShi, several financial institutions have expressed their views on the upcoming FOMC meeting of the Federal Reserve:

  1. Standard Chartered Bank: It is expected to remain unchanged this month, taking a wait-and-see attitude on the issue of rate cuts, and doubting that Powell would want the FOMC to take a more hawkish stance at this stage.
  2. Nordea Bank: It is expected to keep the interest rate unchanged and wait for more data and information on President Trump's policies, and is expected to cut rates twice in May and September 2025.
  3. PIMCO: The Federal Reserve may "maintain interest rates unchanged in the foreseeable future," and may even raise borrowing costs, as officials are waiting for clarity on Trump's policies.
  4. Goldman Sachs Group: It is expected that this meeting will not provide much new information and is unlikely to provide forward guidance for policy action in March, and will cut rates by 25BP in June and September this year.
  5. Bank of America: It is expected to keep the interest rate unchanged, as economic data tends to be stable, or may raise expectations for the job market. Powell may want to retain maximum flexibility for the policy decision in March.
  6. ING: Monetary policy is not expected to change. The rapid rise in government bond yields has significantly increased the borrowing costs of consumers and businesses, and it is predicted that the Federal Reserve will cut rates three times in 2025.
  7. Rabobank: It is expected to keep the interest rate unchanged, and Powell is expected to be cautious about further rate cuts, while avoiding questions about the impact of Trump's policies on the Federal Reserve's interest rate path.
  8. JPMorgan Chase: It is expected to keep the interest rate unchanged, but does not rule out the possibility of taking action at the March meeting, and is concerned about whether and how the Federal Reserve will incorporate Trump's policies into its policy review.
  9. Natixis: It is expected to keep the interest rate unchanged, and an unexpected hawkish move is unlikely, but it is necessary to pay attention to how the Federal Reserve views the combination of Trump's policies and their impact on inflation and economic growth.
  10. Ernst & Young: Economic data shows resilience, and inflation is more stubborn than expected. It is expected to pause the rate cut this week, in order to retain more options for further adjustments to the federal funds rate this year.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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